←back to thread

The US dollar is on track for its worst year in modern history

(www.semafor.com)
124 points harambae | 4 comments | 04 Jul 25 06:47 UTC | HN request time: 0.637s | source
Show context
jamisteven ◴[04 Jul 25 07:19 UTC] No.44461982[source]▶
Entirely by design.
replies(1): >>44462042 #
ggm ◴[04 Jul 25 07:29 UTC] No.44462042[source]▶
Cheaper dollar boosts US exports. Makes imports more expensive even before tarrifs. Which situationally, some industrial sectors will want. The exporting ones. The ones reliant on imports, less such.

The US isn't self sufficient in food. Food imports are going to get more expensive.

replies(4): >>44462222 #>>44462413 #>>44462568 #>>44463729 #
lifestyleguru ◴[04 Jul 25 07:54 UTC] No.44462222[source]▶
> boosts US exports

The world doesn't need that much guns and missiles. There are two major markets currently and that's all mostly.

replies(3): >>44462301 #>>44462637 #>>44462675 #
clarionbell ◴[04 Jul 25 08:07 UTC] No.44462301[source]▶
US doesn't just make weaponry but let's roll with that. You said there are two major markets now, I assume you mean Europe, that is the most wealthy continent, and Middle East one of the most awash with cash regions in the world.

You may be tempted to assume that only active participants in wars buy weapons, but that has never been the case. And especially now, you have many countries trying to restock and prepare.

replies(2): >>44462341 #>>44462443 #
1. arethuza ◴[04 Jul 25 08:14 UTC] No.44462341[source]▶
A lot of European countries are probably rethinking dependencies on the US as a supplier of weapons.
replies(2): >>44462453 #>>44463736 #
2. mensetmanusman ◴[04 Jul 25 11:54 UTC] No.44463736[source]▶
After they think, what will they do?
replies(2): >>44463805 #>>44464270 #
3. lifestyleguru ◴[04 Jul 25 12:07 UTC] No.44463805[source]▶
Act on the urgent issue that so many bottle caps are still not attached to their bottles.
4. arethuza ◴[04 Jul 25 13:15 UTC] No.44464270[source]▶
Buy weapons systems developed in Europe?